BANTgo and Verofax Join Forces to Transform E-Waste Recycling with Tokenized Rewards

DUBAI, UAE – October 24, 2023 – BANTgo impact2earn®, an innovative AI and blockchain technology company has joined forces with blockchain-enabled asset traceability solution provider Verofax for a groundbreaking collaboration aimed at revolutionizing e-waste collection and incentivizing responsible recycling behavior for consumers worldwide through tokenized rewards.

Verofax, the recipient of the prestigious GITEX Supernova Web3 and Blockchain award, brings its cutting-edge technology to the forefront of this eco-conscious initiative. The initiative features the deployment of advanced smart bins, explicitly designed for efficient e-waste collection. These smart bins incorporate a validation system powered by artificial intelligence, ensuring precise assessment of electronic devices for maximum material recovery.

BANTgo, renowned for its innovative tech solutions, has designed an AI-powered messenger chatbot, capable of identifying and categorizing electronic waste and guides users to the nearest e-waste collection point. Based on the e-waste you recycle; you’ll earn a digital reward in the form of an NFT minted from the blockchain. These NFTs can then be traded on our marketplace for discounts on a wide array of goods, services and digital assets. This unique approach not only fosters environmental responsibility but also offers tangible benefits to users and motivates others to join the responsible recycling movement. BANTgo is focused on making recycling not just a conscientious choice but also an engaging and rewarding habit.

The fusion of Verofax’s product validation and BANTgo’s robust platform, creates a system that enhances transparency in e-waste recycling and guarantees that individuals receive due recognition and rewards for their environmentally proactive actions.

This collaboration signifies a transformative shift in the perception and management of e-waste. The introduction of tangible rewards, combined with the satisfaction of contributing to a greener planet, is set to propel e-waste recycling rates to unprecedented levels.

Siarhei Zhyltsou, CEO of BANTgo, expressed his thoughts, stating, “The partnership between BANTgo and Verofax is not just transformative; it’s imperative for our times. Encouraging responsible recycling through tangible rewards sets a new standard in environmental initiatives.”

Furthermore, this collaboration underscores the broader vision that both companies share – a future where responsible recycling becomes ingrained in daily life, not just a sporadic act. The integration of technology, transparency, and tangible rewards makes this initiative a game-changer in e-waste management.

Wassim Merheby, CEO of Verofax, shared his enthusiasm, saying, “Teaming up with BANTgo is a testament to Verofax’s commitment to leveraging technology to address global challenges. Together, we are paving the way for a sustainable future where technology and eco-responsibility converge.”

Experience the synergy of BANTgo and Verofax in action. Join the initiative, champion responsible recycling, and partake in rewards that benefit not only you but also our planet.

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About Verofax

Verofax is a blockchain-enabled Asset Digitization and Traceability solution provider with a presence across North America, Europe, Asia and MENA regions. Verofax is a native ISV partner for Microsoft and its solution is available across multiple cloud environments, making it easier for manufacturers to comply with ESG regulated markets and manage sustainability certification and offer transparency and auditability to authorities, retailers, and consumers alike.

For technical matters, visit Verofax at https://www.verofax.com or contact info@verofax.com.

About BANTgo

BANTgo is an innovative technology company dedicated to incentivizing sustainable recycling behavior for consumers worldwide. Through its impact2earn platform, powered by AI and blockchain technology, BANTgo revolutionizes e-waste recycling by rewarding users with digital certificates in the form of NFTs for their recycling efforts. An AI-powered messenger chatbot guides the user to e-waste recycling points and directs them to the Rewards Platform. This unique approach not only fosters environmental responsibility but also offers tangible benefits to users.

The integration of these technologies and the business model serves both individuals and businesses, aiming to decarbonize goods production and consumption in line with the principles of “Make waste not wasted”.

For more information, please visit www.bantgo.ae.